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Thread: We are going to spend €713 million on a National Conference Centre

  1. #1
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    Default We are going to spend €713 million on a National Conference Centre

    The National conference centre will be open for business from Christmas 2010

    The ideal venue for an Ardfheis if one could afford it.

    It will need to turn over more than 4 million per month just to break even

    Conferences - The Convention Centre Dublin

    Note: Parliamentary Question from Olivia Mitchell TD follows:

    For WRITTEN ANSWER on Tuesday, 6th July, 2010.

    * 134. To ask the Minister for Finance when the first payment for the Convention Centre, Dublin, is due to Treasury Holdings; and if he will make a statement on the matter.
    * 135. To ask the Minister for Finance the agreed annual payment due to Treasury Holdings in respect of the Conference Centre; and if he will make a statement on the matter. - Olivia Mitchell TD

    REPLY.
    The Contract for the National Conference Centre project, now known as the Convention Centre Dublin, was awarded to the Spencer Dock Convention Centre Dublin Ltd (SDCCD) Consortium. The first payment to SDCCD is due from August 2010 and the annual payment will be approximately €47m a year for years 1-5 and approximately €23.9m a year from years 6-25.

    News - ?713M for Nat Conference Centre

  2. #2
    GDPR Deleted
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    The sooner it opens the better for Dublin.

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    Politics.ie Member sandar's Avatar
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    its not a bad idea but why are we paying for it, why isnt it a private sector venture?
    "Sometimes the best thing a government can do is simply get out of the way"-Vince Cable

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    Politics.ie Member Asparagus's Avatar
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    Quote Originally Posted by tonic View Post
    The sooner it opens the better for Dublin.
    Oh the demand for Large scale Conference facilities is absolutely huge at the moment - i wonder is Croke Park booked solid for the next few years or wha?
    ANGER IS A POLICY, GET OFF YOUR KNEES

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    Quote Originally Posted by Asparagus View Post
    Oh the demand for Large scale Conference facilities is absolutely huge at the moment - i wonder is Croke Park booked solid for the next few years or wha?
    Different type of venue. Croke Park fits about 800, the new Convention Centre fits 3,000. They'll be seeking out a very different type of market. The Convention Centre will presumably be seeking international conferences, whereas Croke Park is used far more for domestic events.

    There is a worry about capacities though. Between the new convention centre they built at CityWest with a capacity of 4,000, the National Convention Centre, the Grand Canal Theatre and the redevelopment of the o2... leaving aside the numerous hotels all throughout the city... there is certainly an over capacity issue.

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    Politics.ie Member Nipper's Avatar
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    Quote Originally Posted by sandar View Post
    its not a bad idea but why are we paying for it, why isnt it a private sector venture?
    Because they need to siphon of some of this to pay the interest on J Ronans loans in NAMA, so we can be told they are performing. Kelly is in their too with the same problem isn't he. Without these deals the developers go down and NAMA with them

    Would be known as fraud anywhere else. In Ireland we don't even try to hide it anymore.

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    Quote Originally Posted by johnfás View Post
    Different type of venue. Croke Park fits about 800, the new Convention Centre fits 3,000. They'll be seeking out a very different type of market. The Convention Centre will presumably be seeking international conferences, whereas Croke Park is used far more for domestic events.
    Do we have the capacity in Dublin to accommodate an additional 3000 people, and do we have the necessary transport infrastructures in place??? I wouldn't have thought so?
    "To be is to do"-Socrates; "To do is to be"-Sartre; "Do Be Do Be Do"-Sinatra

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    Politics.ie Member Akrasia's Avatar
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    Isn't Citywest in administration already?

    Why would we want to build a new convention centre when the existing centres are barely keeping their heads afloat?

    This seems to be an awful waste of money.
    Actual morality is doing what is right regardless of what you're told. Religious morality is doing what you're told, regardless of if it's right.

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    Politics.ie Member Asparagus's Avatar
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    Quote Originally Posted by johnfás View Post
    Different type of venue. Croke Park fits about 800, the new Convention Centre fits 3,000. They'll be seeking out a very different type of market. The Convention Centre will presumably be seeking international conferences, whereas Croke Park is used far more for domestic events.
    Ok so have we ever had a convention of 3000 people in this country.
    RDS?
    have we done market research to establish clear demand and projected revenue streams.
    Do we know there is a global economic crisis?
    Why didn't we do this 10 years ago?

    Cowen and Lenihan are lagging legislators... or post horse bolt stable door closers.
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    Quote Originally Posted by Murra View Post
    Do we have the capacity in Dublin to accommodate an additional 3000 people, and do we have the necessary transport infrastructures in place??? I wouldn't have thought so?
    Half the hotels in Dublin are empty, so that is probably a yes. The new Convention Centre is actually well located - easily accessible to Busáras, DART and LUAS and not too far to walk from the City Centre.

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